The non-compete clause in the employment contract was too wide, said the court.
In an unreported decision in HC/S 236/2022, the General Division of the Singapore High Court held the defendant directors not liable for breach of the duty not to compete with the plaintiff company by providing services to the plaintiff’s former customer. This was based in part on a critical finding of the Court that the directors had been effectively excluded from the plaintiff company by the time they had begun servicing the plaintiff’s former customer.
Acra’s guidelines stipulate what is required by corporate service providers helping an individual register a company.
The Singapore Exchange Regulation (“SGX RegCo”) recently sought comments on its proposed changes to the SGX-ST Listing Rules to clarify the obligations of issuers listed on SGX-ST undergoing the corporate restructuring process under the IRDA Act. This update provides a brief summary of SGX RegCo’s key proposals to improve the restructuring and trading resumption frameworks.
Companies — Accounts ; Companies — Directors
Civil Procedure — Injunctions
Cordlife was recently thrust into the spotlight after the Ministry of Health began investigations into the company’s processes.
Companies — Receiver and manager
Insolvency Law — Administration of insolvent estates
The High Court recently confirmed for the first time the applicability in Singapore of the common law test for constitutional amendments. This article reviews the development of the test in relation to the introduction of compulsory acquisition powers and analyses the most recent cases in the UK courts, which have largely confirmed the traditional English approach.
Insolvency Law — Judicial management
The question of in whose interests companies should be run is one of the most contested questions in modern company law. This article explores the issues associated with this question in the context of a company being financially distressed and also explains the law along with a short discussion on of some possible implications for duties to other stakeholders.
Companies — Incorporation of companies
Companies — Oppression , Companies — Directors
Companies — Receiver and manager
Contempt of Court — Civil contempt , Companies — Directors
Companies — Oppression , Companies — Directors
Companies — Oppression , Companies — Directors